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Exam (elaborations)

Dod Government Purchase Study Guide Exam With Elaborated Question & Answer

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  • CLG 0010 DoD Governmentwide Commercial Purchase
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  • CLG 0010 DoD Governmentwide Commercial Purchase

Dod Government Purchase Study Guide Exam With Elaborated Question & Answer The limitation for convenience check (CC) accounts for overseas contingencies differs from the regular CC account limitation in that it allows for transactions up to $10,000. - CORRECT ANSWER-True An Approving Officer...

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  • July 18, 2024
  • 9
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • CLG 0010 DoD Governmentwide Commercial Purchase
  • CLG 0010 DoD Governmentwide Commercial Purchase
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Dod Government Purchase Study Guide Exam With Elaborated Question & Answer The limitation for convenience check (CC) accounts for overseas contingencies differs from the regular CC account limitation in that it allows for transactions up to $10,000. - CORRECT ANSWER -True An Approving Officer (AO) responsible for originating, approving, or processing the requirement for a check may also be a convenience check custodian. - CORRECT ANSWER -False Cardholders in contracting organizations must comply with Federal Acquisition Regulation (FAR) requirements when the card is used as a payment method on a contractual document. - CORRECT ANSWER -True If Government Purchase Cardholder, Bob Johnson, needs to purchase a projector for the e -Gov Conference in Washington, DC this coming February, the spending limit is set at which of the following? - CORRECT ANSWER -$3,500 For which situation does the $2,000 spending limit apply? - CORRECT ANSWER -Purchasing construction. If Government Purchase Cardholder, Linda Hamilton, needs to purchase weapon safety training for her team, the spending limit is set at which of the following? - CORRECT ANSWER -$25,000 The SF 182 is the correct form used for purchasing training while paying with the Government Purchase Card (GPC). - CORRECT ANSWER -True Which of the following states the correct order of priority for the mandatory sources of supply? - CORRECT ANSWER -Activity or installation inventories, Federal Prison Industries (UNICOR), National Industries for the Blind/Severely Handicapped (NIB/NISH), w holesale supply sources. When purchasing a product on the Environmental Protection Agency's (EPA's) Comprehensive Procurement Guideline (CPG) list, the product must contain _____________________. - CORRECT ANSWER -Recycled material Cardholders satisfy requirements for services from the sources to include the Committee for Purchase from the Blind and Other Severely Handicapped (NIB/NISH); Mandatory Federal Supply Schedules (FSS); and Federal Prison Industries (UNICOR). - CORRECT ANSWE R-True Which of the following are transactions intended for government use but were not, or did not appear to be, for a purpose permitted by law? - CORRECT ANSWER -Improper Transactions Which of the following is a responsibility of the Government Purchase Cardholder? - CORRECT ANSWER -
Ensures funding availability Any increase to a card -holder's monthly or office purchase limits must be coordinated between which two individuals? - CORRECT ANSWER -Financial Manager and the Supervisor Contractors may use a Government employee's Government Purchase Card as long as the Contracting Office authorizes its use and the contractor notifies the Contracting Officer of all purchases made by the contractor during the billing period. - CORRECT ANSWE R-False Termination of Approving Official accounts results in the termination of all cardholder accounts assigned to them. - CORRECT ANSWER -True In addition to corrective or disciplinary action, military personnel who misuse their government charge cards may have their access to classified information modified or revoked if warranted in the interests of national security. - CORRECT ANSWER -True The DoD DTS includes Government -owned and contracted planes, trucks, ships, and facilities and is managed by which of the following? - CORRECT ANSWER -All of the Above It is the cardholder's responsibility to sign forms disputing and transactions made following the loss of a card. - CORRECT ANSWER -True Which of the following is an example of contractor/merchant fraud? - CORRECT ANSWER -All of the Above

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